I’m thrilled to know that logic prevails and price is doing what it “should” at the moment.

Odds overwhelmingly favored a pullback/retracement toward lower Fibonacci Retracement levels for the @ES and right now – as we start December – that’s exactly what we’re seeing.

Here’s today’s updated Emini (@ES) trading levels for your trades:

As traders, we can’t be forecasters – we must assess the probabilities and then act on them knowing full-well bigger moves tend to occur when the majority (of traders) are surprised and forced to stop-out rapidly.

That’s not occurring right now – odds strongly favored a pullback and that’s precisely what we’re seeing.

The initial target is the 2,180 pivot and if the retracement picks up steam from there, we’ll be playing toward 2,160.

I’ll have more details and precise planning for members – join us and make the rest of your 2016 more profitable!

Want these levels and additional strategy planning in advance each evening?

One Response to “December Downward Emini Retracement Takes Over”

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